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Latin America Battery Market 2019-2027

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  • 72 Pages
  • September 2019
  • Region: Latin America
  • Triton Market Research
  • ID: 4844649
Market Outlook
The battery market in Latin America has been projected to depict growth in terms of revenue and expand with a CAGR of 6.51% during the forecast years 2019-2027, according to a report.

Mexico, Brazil and countries in rest of Latin America together form the battery market in the Latin American region. Brazil is the world’s ninth-largest economy, with a size of about USD 2.14 trillion, and is the largest economy of Latin America. The economy of Brazil is in a growth phase, on account of surging consumer demand and increasing investment.
Economic development in Brazil has led to widespread development of commercial infrastructure. Due to booming economic activity in the country, considerable development of data centers has been witnessed, which are expected to create opportunities for the market studied. Electricity supply at data centers is of paramount importance, as it ensures continuous operation, leading to the deployment of batteries at data center sites. In June 2017, Angola Cables initiated the development of a data center at Praia do Futuro, in Fortaleza, which involved an investment of USD 130 million. Also, the Brazilian government plans to launch a logistics and mobility program, called Rota 2030, which is a 12-year extension to the country’s five-year program, known as Inovar-Auto. The Rota 2030 program aims at improving energy efficiency in the transportation sector, which is a major boost to the Brazilian electric vehicle market. The surge in the deployment of electric vehicles is likely to provide a significant impetus to the Brazilian segment of the market studied, during the forecast period.

Competitive Outlook
The key companies profiled in the battery market report include A123 Systems, LLC, EnerSys, East Penn Manufacturing Company, Inc., Eveready Industries India Ltd., Exide Technologies, Hitachi Ltd., Crown Battery Manufacturing Company, Panasonic Corporation, Shenzhen BAK Battery Co., Ltd. and Samsung SDI Co., Ltd.

Table of Contents

1. Latin America Battery Market - Summary
2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.2.1. Emergence Of Absorbent Glass Mat (Agm) Batteries
2.2.2. Rise In Organic & Inorganic Growth Strategies By Companies
2.2.3. Battery Technology Disrupting Defence Industry
2.2.4. Development Of Next-Generation Batteries Photosynthesis-Powered Batteries Sodium-Ion Batteries Gold Nanowire Batteries Urine-Powered Batteries Super Battery
2.3. Porter's Five Force Analysis
2.3.1. Bargaining Power Of Buyers
2.3.2. Bargaining Power Of Suppliers
2.3.3. Threat Of New Entrants
2.3.4. Threat Of Substitute
2.3.5. Threat Of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Industry Components
2.7. Regulatory Framework
2.8. Market Drivers
2.8.1. Increasing Demand Of Energy Storage Systems (Ess)
2.8.2. Rising Number Of Electric Vehicles
2.8.3. Increasing Trend Towards Adoption Of Ups Systems As An Essential Power Backup
2.8.4. Growing Demand From Automobiles Sector
2.9. Market Restraints
2.9.1. Compliance With The Battery Standards
2.9.2. Lead-Acid Batteries Negatively Impacting Environment
2.10. Market Opportunities
2.10.1. Widespread Usage In Motive Industry Applications
2.10.2. Rising Demand For Rechargeable Batteries In Consumer Products
2.11. Market Challenges
2.11.1. Development Of Super Capacitors
2.11.2. Fluctuation In Raw Material Prices
2.11.3. Easy Availability Of Counterfeit Batteries
3. Latin America Battery Market Outlook - By Battery Type
3.1. Lead-Acid Battery
3.2. Lithium-Ion Battery
3.3. Nickel Metal Hydride Battery
3.4. Nickel Cadmium Battery
3.5. Other Batteries
4. Latin America Battery Market Outlook - By Application
4.1. Automotive
4.2. Industrial
4.3. Portable
5. Latin America Battery Market - Regional Outlook
5.1. Brazil
5.2. Mexico
5.3. Rest Of Latin America
6. Competitive Landscape
6.1. A123 Systems, Llc
6.2. C&D Technologies, Inc. (Acquired By Kps Capital Partner)
6.3. Enersys
6.4. Duracell International, Inc.
6.5. East Penn Manufacturing Company, Inc
6.6. Lg Chem Ltd.
6.7. Eveready Industries India Ltd.
6.8. Byd Company Ltd.
6.9. Exide Technologies
6.10. Gs Yuasa Corporation
6.11. Hitachi Ltd.
6.12. Johnson Controls
6.13. Crown Battery Manufacturing Company
6.14. Nec Corporation
6.15. Panasonic Corporation
6.16. Saft Groupe S.A.
6.17. Shenzhen Bak Battery Co., Ltd.
6.18. Murata Manufacturing Co., Ltd.
6.19. Samsung Sdi Co., Ltd.
6.20. Toshiba Corporation
7. Research Methodology & Scope
7.1. Research Scope & Deliverables
7.2. Sources Of Data
7.3. Research Methodology
List of Tables
Table 1: Latin America Battery Market, By Country, 2019-2027 (In $ Million)
Table 2: Vendor Scorecard
Table 3: Regulatory Framework
Table 4: Worldwide Sales Of Electric Vehicles In 2017 (Monthwise Sales)
Table 5: Countrywise Stock Targets Of Electric Vehicle Till 2020
Table 6: Latin America Battery Market, By Application, 2019-2027 (In $ Million)
Table 7: Latin America Battery Market, By Battery Type, 2019-2027 (In $ Million)
Table 8: Latin America Battery Market, By Country, 2019-2027 (In $ Million)
List of Figures
Figure 1: Market Attractiveness Index
Figure 2: Industry Components
Figure 3: Worldwide Sales Of Light Duty Electric Vehicles, 2015-2024 (In Million Units)
Figure 4: Worldwide Automotive (Cars & Commercial Vehicles) Production, 2015-2020 (In Million)
Figure 5: Motor Vehicle Production In Key Geographies, 2015 & 2016 (In Thousand Units)
Figure 6: Average Annual Opec Crude Oil Price, 2010-2018 (In $ Per Barrel)
Figure 7: Average Prices For Lead Worldwide, 2014-2018 (In $ Per Metric Ton)
Figure 8: Average Lithium Carbonate Price, 2010-2017 (In $ Per Metric Ton)
Figure 9: Average Selling Price Of Zinc, January 2016-January 2017 (In $/Lb)
Figure 10: Latin America Battery Market, By Lead-Acid Battery, 2019-2027 (In $ Million)
Figure 11: Latin America Battery Market, By Lithium-Ion Battery, 2019-2027 (In $ Million)
Figure 12: Latin America Battery Market, By Nickel Metal Hydride Battery, 2019-2027 (In $ Million)
Figure 13: Latin America Battery Market, By Nickel Cadmium Battery, 2019-2027 (In $ Million)
Figure 14: Latin America Battery Market, By Other Batteries, 2019-2027 (In $ Million)
Figure 15: Latin America Battery Market, By Automotive, 2019-2027 (In $ Million)
Figure 16: Latin America Battery Market, By Industrial, 2019-2027 (In $ Million)
Figure 17: Latin America Battery Market, By Portable, 2019-2027 (In $ Million)
Figure 18: Latin America Battery Market, Regional Outlook, 2018 & 2027 (In %)
Figure 19: Brazil Battery Market, 2019-2027 (In $ Million)
Figure 20: Mexico Battery Market, 2019-2027 (In $ Million)
Figure 21: Rest Of Latin America Battery Market, 2019-2027 (In $ Million)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • A123 Systems, LLC
  • C&D Technologies, Inc (Acquired By KPS Capital Partner)
  • Enersys
  • Duracell International, Inc.
  • East Penn Manufacturing Company, Inc
  • LG Chem Ltd.
  • Eveready Industries India Ltd.
  • Byd Company Ltd.
  • Exide Technologies
  • GS Yuasa Corporation
  • Hitachi Ltd.
  • Johnson Controls
  • Crown Battery Manufacturing Company
  • NEC Corporation
  • Panasonic Corporation
  • Saft Groupe S.A.
  • Shenzhen Bak Battery Co., Ltd.
  • Murata Manufacturing Co., Ltd.
  • Samsung Sdi Co., Ltd.
  • Toshiba Corporation